Question

The government in a mixed economy controls production in ____________ as well as ____________ sector so as to ensure adequate availability of necessities.

• A. primary, industrial
• B. public, private
• C. banking, agricultural
• D. public, construction

Answer 1

The correct option is B public, private

In a mixed economy both private as well as public enterprises utilize the resources for the production of goods and services in the economy for personal as well as social gains where government audits the overall production to ensure adequate availability of goods and services in the economy.